Other News

The 2018 midterm Congressional elections were held last week and Jewelers of America has prepared a summary of the major changes on Capitol Hill and what they could mean for key issues that affect jewelry businesses.

(WASHINGTON, D.C.) - Retail industry employment in October remained essentially unchanged from September, dropping only 900 jobs despite the loss of 8,800 jobs year-over-year in the face of two major hurricanes since Labor Day, the National Retail Federation said last week. The numbers exclude automobile dealers, gasoline stations and restaurants. Overall, U.S. businesses added 250,000 jobs in October - more than double September’s monthly gain - and hourly wages saw their strongest growth in nearly a decade, the Labor Department said.

The Diamond Producers Association (DPA), an organization comprised of seven of the world’s leading diamond companies with a mission to maintain and enhance consumer demand for, and confidence in, diamonds to ensure the long term sustainability of the industry, has released a list of 5 essential truths for both natural & laboratory-grown diamonds.

(WILLIAMSVILLE, N.Y.) - Rembrandt Charms continues to strengthen its products and services to stay ahead of the ever-changing jewelry environment. Over the past four years they have been working on updating charms to provide retail jewelers with the best quality possible. With all the improvement comes a new price structure for Rembrandt Charms, effective October 16th. These price adjustments are designed to help lower gold charm prices, maintain retail jewelers’ profit margin, increase sales and make karat gold charms more affordable.